New Issue: BofA sells $2.62 million of notes tied to Euro Stoxx 50

By Kiku Steinfeld

Chicago, Aug. 7 – BofA Finance LLC priced $2.62 million of 0% notes due Jan. 31, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Bank of America Corp.

If the index closes at or above its initial level, the payout at maturity will be par plus 1.03% for each 1% of any index gain.

If the index falls from its initial level, investors will receive par plus the index return, subject to a minimum payout of $950 per each $1,000 principle amount of notes.

BofA Securities, Inc. is the agent.

Issuer:	BofA Finance LLC
Guarantor:	Bank of America Corp
Issue:	Unsecured senior notes
Underlying index:	Euro Stoxx 50
Amount:	$2,619,000
Maturity:	Jan. 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes at or above initial level, par plus 1.03% for each 1% gain; if index falls, par plus the index return, subject to a minimum payout of $950 per each $1,000 of notes
Initial level:	3,524.47
Pricing date:	July 26
Settlement date:	July 31
Agent:	BofA Securities, Inc.
Fees:	3%
Cusip:	09709TTW1

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